Back

Abhishek Jain

 • 

Triomics • 1y

💡 Day 1 of 25Days of Product with Abhishek Exploring the Untapped Potential of Catering Services in India The Indian catering market exceeds ₹1 lakh crore annually, growing at 10–12% CAGR. From weddings (₹50,000–₹75,000 crore) to corporate events (₹10,000–₹15,000 crore), cultural festivals (₹5,000–₹7,000 crore), social gatherings (₹10,000–₹12,000 crore), and institutional catering (₹8,000–₹10,000 crore), the opportunities are massive. Platforms like Zomato could revolutionize this fragmented space by streamlining vendor discovery, offering standardized pricing, enabling customizable menus, and providing event management tools. A review system would build trust, while exclusive deals and app-only features prevent users from bypassing the platform. Revenue Potential exists for Contract as well as Non-Contract Catering Contract Catering: Regular revenue streams from institutions and corporate clients; potential to secure long-term partnerships with bulk discounts. Non-Contract Catering: High-value, one-time events like weddings and festivals offer lucrative commission-based opportunities. Zomato can capitalize through commissions, subscriptions, ads, and value-added services like logistics or analytics. With the right strategy, catering could become a high-growth vertical in the food tech industry. What are your thoughts on integrating catering into food tech? Let’s discuss it! 🚀

11 Replies
3
16
Replies (11)

More like this

Recommendations from Medial

Image Description
Image Description

Manish kumar singh

Event planner • 9m

Hi Everyone, I want to make an app which connects Normal people for weddings and Corporate people for corporate events with event management company and where they can book vendors or company online according to their requirements. Basically a chain

See More
13 Replies
2
12
Image Description
Image Description

Manish Jha

RentonIndia | Buildi... • 5m

Hi, I’m building a startup called RentonIndia – it’s an online platform where people can rent anything they need for events like weddings, birthdays, house parties, exhibitions, and corporate events. From tents, sound systems, lights, and decoration

See More
5 Replies
2
8

Mahendra Lochhab

Content creator • 4m

The Indian toothpaste market is valued at approximately ₹10,000-12,000 crore.

Reply
1
Image Description
Image Description

Mahendra Lochhab

Content creator • 1y

India expects 48 lakh weddings in the next two months; may generate Rs 6 lakh crore in business: CAIT

3 Replies
1
3
Image Description
Image Description

Sanjay Srivastav. Footwear Designer

Hey I am on Medial • 10m

Setting up New Funds with an additional ₹10,000 crore, in addition to existing government contributions of ₹10,000 crore. For 5 lakh first-time entrepreneurs, including women, Scheduled Castes and Scheduled Tribes to be launched #UnionBudget2025

See More
3 Replies
3
9

Shreyas Hittalahalli

Entrepreneurship • 3m

Ganesh Chaturthi isn't just about devotion, it’s a ₹25,000-crore economic powerhouse: from ₹500 crore idol makers to ₹5,000 crore in events, and ₹500 crore just in Nashik alone!

Reply

Hrs Security Services

Your Trusted Securit... • 22d

Planning an event and need trusted protection? Our professional event security team ensures complete safety, smooth crowd control, and a secure environment for all types of events. Whether you want to hire security for an event, need trained securit

See More
Reply
1
Image Description
Image Description

Mahendra Lochhab

Content creator • 1y

There were over 8 million weddings in India in 2023, with the Indian wedding industry worth Rs 10.5 lakh crore or $130 billion, being the second largest in the world.

6 Replies
2
6

Download the medial app to read full posts, comements and news.